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    Thursday, September 24, 2009

    223(f) Apartment Lender News

    FHA 223(f) loans available - new construction properties that are leased up can apply for a waiver of the three year rule.

    Rates are very low about 5% plus MIP.

    FHA is increasing staffing and 223(f) has been the most active program for most FHA multifamily offices.

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